The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1887-06-13

/ %
moneys in hand, leasehold and chatteI interes
in lands and real estate, franchises, patent.
contracts, growing crops, public stocks am
bonds, and all domesticated birds and animal
not hereinbefore specifically taxed
las amended 1885, Chapter xxxvii.l
Section H. All foreign fire, marine and lif
insurance companies carrying on business il
this Kingdom shall pay for and in respect o
every one hundred dollars received by sucI
companies, or their agents, respectively, TO
premiums during the year preceding the as
| sessment, the sum of two dollars, and such
companies shall not be charged with any Other
taxes or duties under this Act
OF THE ASSESSMENT AND COLLECTION
OF TAXES.
| Section Is The word company" when used
! in this Act, shall mean any corporation incOr
porated under the laws of this Kingdom, and
foreign corporations carrying on business in
this Kingdom, or any co-partnership consisting
OF two or more persons carrying on business
together.
Section 10. The property of a company shall
be assessed to the company under its corporate
or firm name, and the individual stockholders
or members thereof shall not be liable to be
assessed in respect of their individual shares
or Interests in such companies
Section 20. The returns hereinafter required
to be made shall, when made by company
being corporation be made by the president
treasurer, secretary or manager, or if a firm by
some member thereof
AS amended 1886, chapter xxxvif.l
Section q. Every agent for any person temper
ar1Iy or permanently absent from this King
dom, and every banker, broker, money lender,
attOrney-at-law, trustee, treasurer executor
administrator or guardian, shall be assessed
separately in respect of each property or trust
which he represents. and shall be chargeabIe
with the tax payable in respect thereof in the
same manner as if such property were his own
and he shall be assessed respectively in his
name as representative of the property or trust
he represents; and such assessment shall be
kept separate and apart from his Individual as
sessment.
As amended 1886, chapter xxxvii.I
Section %. Every agent, banker, broker,
money lender, attorney at-law, trustee treas
urer, executor, administrator and guardian
shall, for the purposes of this Act be deemed
agent. and shall be answerable for the per
Torrance of all such acts, matters things as
are required to be done by virtue of this Act in
respect ofthe assessment of the property which
he represents, and the payment of taxes there
on; and shall be under and subject to the like
penalty or liability for any neglect refusal or
default as any other person, and shall be au-
thorized to recover from any person in whose
behalf he is compelled to pay any tax, the
amount so paid by him. or to retain out of any
money which shall come to him in his repre-
sentative character so much from time to time
as shall be sufficient to pay such tax, and shall
be Unidentified for all payments which he shall
make in furtherance of this Act
TI,o
shall in respect of such property be liable to
taxation only on the difference between the
whole value of the property mortgaged and the
amount of the money due on the
mortgage of the property. Provided al
ways, that the mortgagor shall APP
pend to the statement of the property belong
ing to him and required by this Act, state
ment of the date of the mortgage and of the
amount thereof, and the names and addresses
of the respective mortgages.
Section "a. In respect of the amount of the
money due on such mortgage he shall pay the
tax thereon, which payment shall be deemed
to be payment made by mOrtgagOr to the mort
gagee on account of interest or of principal and
interest the case may be, and all money so
paid by a mortgagor shall be allowed for in the
accounts between the mortgagOr and mort
gage.
a
Section % The interest of every person in
any property shall be separately assessed lex
cept as hereinbefore provided in respect to
shareholders in or members of cOmpanies),
and every person shall be liable to taxation in
respect of the full cash value of his interest in
such property.
Section 26. Notwithstanding the sale or the
transfer or conveyance of any real estate, such
property shall continue to be liable for the pay
ment of any tax owing in respect thereof so
long as such tax shall remain unpaid.
las amended 1886, chapter xxxvii.l
Section q. The interest of any person as
tenant lessee or occupier of any real estate
that is exempt from taxation, shall be assessed
to such person who shall be liable to taxation
in respect of the value of such interest. II 4.
TAs amended 1886, chapter xxxviil
Section %. The full cash value of the inter
est of any person in real or personal property
shall be estimated at a sum which such inter
est might reasonably be expected to bring at
sale by public auction for cash.
las amended 1886, chapter xxxvii.l
Section 90 The Minister of Finance, with the
approval of the King in Cabinet Council, shall
appoint annually, or before the first day OF
July, an Assessor for each taxation district OF
the Kingdom, whose duty it shall be in accord
ance with the provisions OF TINS AcL, 10 MAKE Oh
or before the fifteenth day of September faith
full assessment of all taxes imposed by law
within their respective districts, and to furnish
an accurate list of the same according to blank
forms TO be furnished by the said Minister OF
Finance which shall exhibit the names OF all
persons assessed, and the different items OF
taxation charged against them. In case OF non
residents. the list shall state their residence II
known, otherwise such residence must be
described as unknown"
LAS amended 1886, chapter2Gxvii.l
Section So Each Assessor, on his appoint
ment to office, and before entering upon his
duties shall execute, and deliver, to be fled,
bond to the Minister of Finance in such penal
sum not less than $1,000. as may be fixed by said
Minister of Finance, with two or more sutfl-
cient sureties satisfactory to said Minister OF
Finance. and shall take and subscribe before
Police or District Justice, or other officer au-
tborized to administer Oaths, an oath of office
which shall be Immediately forwarded to said
Minister of Finance. The oath shall be sub
staptfally in the following form
+, having been appointed Assessor of
Taxes for the District Of, on the Island OF
-. do soIemnly swear, or affirm, that will